$635,000
↓ $30,000 from $665,000
Est. payment $2,812/moCalculate yours
119 Gaffney Lake Lane, Bancroft, ON K0L 1C0
Dungannon Ward, Bancroft, ON K0L 1C0
- 2 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of Century 21 Granite Realty Group Inc. MLS® X13223650
About this home
Your own private waterfront retreat on beautiful Gaffney Lake! A peaceful no-motor lake just 10 minutes from town. Custom built and lovingly maintained by the original owners, this year-round home offers the perfect blend of comfort, privacy, and natural beauty. Featuring 2 bedrooms, 1 full bathroom, and a fully finished walkout basement, the home is designed to maximize both space and stunning lake views. The bright open-concept layout is ideal for entertaining, while the updated kitchen and modern appliances make everyday living a pleasure. Main floor laundry adds convenience, and year-round comfort is ensured with a propane furnace, central air conditioning, drilled well, septic system, and durable metal roof. Step outside to the expansive wraparound covered balcony and take in the tranquil waterfront setting. Watch bass spawn along the shoreline in the spring, enjoy a refreshing swim from the floating raft, or simply relax and listen to the sounds of nature. The beautifully landscaped property is surrounded by established perennial gardens, creating a private and picturesque setting that feels miles away from it all. Located on a quiet private road, this exceptional waterfront property offers the peaceful lifestyle you’ve been dreaming of, whether as a full-time residence or a weekend escape. Family-friendly, serene, and surrounded by nature, Gaffney Lake is a hidden gem waiting to be discovered.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- Extension
- Approximate Age
- 31-50
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Central Air
- Exterior
- Log
- Foundation
- Concrete Block
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 31 x 311 Feet
- Parking
- None garage · 5 total
- Zoning
- LSR EP
Financial
- Property Taxes
- $4,367 (2025)
Location
- Neighbourhood
- Dungannon Ward
- Cross Street
- Upper Turriff Road
- Direction Faces
- South
Listing
- MLS® Number
- X13223650
- Days on Market
- 139
- Listed On
- 2026-06-01
- Possession
- flexible
- Listed By
- Century 21 Granite Realty Group Inc.
Rooms
Features
Interior
- None
Property
- Lake Access
- Lake/Pond
- Waterfront
- Wooded/Treed
Pool
- None
- Included
- Fridge, stove, dishwasher, washing machine, dryer, kitchen island
- Excluded
- Personal items, freezer in basement, fridge in basement
- Rental items
- Propane tanks
Mortgage calculator
Estimated mortgage payment
$2,812 per month
- Principal and interest
- $2,812
- Property tax
- $364
- Condo fees
- $0
- Estimated monthly cost
- $3,176
Your mortgage
- Mortgage amount
- $508,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $335,493
Cash to close
- Down payment
- $127,000
- Land transfer tax
- $9,175
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $136,175
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.